Current Value Assessment
PREPARED EXCLUSIVELY FOR:
Larry --
The following is a Current Value Assessment of your property based on current market conditions, comparable homes in the complex, and what I believe your home could sell for with the implementation of a high-end marketing strategy.
What follows are the comparables I used in this analysis to come up with my assessment and finally what I believe your home could possibly sell for. I’ve also included some info about me and my team if you’d like to know more about us.
949-294-2506
THE COMPARATIVE MARKET ANALYSIS
No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.
How can CMAs vary?
CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.
THE COMPARATIVE MARKET ANALYSIS
Is a CMA the same as an Appraisal?
No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.
And is my home worth what the Internet says?
In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!
Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm and bingo! You have your “Zestimate”!!
On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.
YOUR COMPARATIVE MARKET ANALYSIS
Comparative Market Analysis
211 South Calle Seville, San Clemente, California 92672
OCTOBER 8, 2024
Larry Eustachy
Chris Taylor
Keller Williams Luxury International
Summary of Comparable Properties
S SOLD LISTINGS
Analysis
Chris Taylor
Keller Williams Luxury International
Comparable homes sold for an average of $788 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.
Listings
Chris Taylor
Keller Williams Luxury International
213 Avenida Lobeiro San
$1,985,000 3 Beds 3.00 Baths 2,448.0 Sq. Ft. ($811 / sqft)
ACTIVE 10/3/24
Details
Prop Type: Triplex
County: Orange
Area: SW - San Clemente
Southwest Subdivision: Other (OTHR)
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Biking, Park
Contract Status Change
Date: 2024-10-03T00:00:00
Cooling: None
Elevation Units: Feet
Flooring: Carpet
Heating: Wall Furnace
Full baths: 3.0
Acres: 0.14
Lot Size (sqft): 6,098
Garages: 3
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Cash, Cash To New Loan, Submit
Lot Features: Landscaped
Main Level Bedrooms: 1
Parking Total: 3
Pool Features: None
Pool Private Y N: No
Year Built 1964 Days on market: 1
List date: 10/3/24
Updated: Oct 3, 2024 11:38 PM
List Price: $1,985,000
Orig list price: $1,985,000
School District: Capistrano Unified
Property Attached Yes/No: Yes
Road Surface Type: Paved Room Type: Utility Room
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard, Trust
Utilities: Sewer Connected, Water Connected
View: See Remarks
Virtual Tour: View
Water Source: Public
Waterfront Features: Beach Access
Year Built Source: Public Records
Remarks
Prime location, close to walking path for beach access! Triplex includes; 3 units each with 2 bedrooms and 1 bath. Functional floorplans with roomy living rooms and kitchens. Kitchen features gas stove and roomy sink/counter area. Two units are upstairs and one is downstairs. Units A and B have views of beach entrance areas. Unit C also has large patio at the rear of unit. Unit B has balcony and ceiling fans in the Bedrooms, fresh paint and new carpeting. 3 car garage, also has a shared laundry utility room. Located at the end of the Loop for easy access. Easy access to freeway entrances, downtown shopping and dining.
Courtesy of Coldwell Banker Realty Information is deemed reliable but not guaranteed.
312 Avenida Madrid
$1,830,000 4 Beds 3.00 Baths 1,930.0 Sq. Ft. ($948 / sqft)
CLOSED 5/6/24
Details
Prop Type: Triplex
County: Orange
Area: SC - San Clemente
Central
Subdivision: Other (OTHR)
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Curbs, Sidewalks
Contract Status Change
Date: 2024-05-06T00:00:00
Cooling: None
Elevation Units: Feet
Remarks
Full baths: 3.0
Acres: 0.11
Lot Size (sqft): 4,792
Garages: 3
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Cash, Cash To New Loan, Conventional
Lot Features: 0-1 Unit/Acre
Main Level Bedrooms: 2
Parking Total: 3
Pool Features: None
Year Built 1951 Days on market: 58
List date: 2/10/24
Sold date: 5/6/24
Off-market date: 4/8/24
Updated: May 6, 2024 9:13 AM
List Price: $1,849,000
Orig list price: $1,849,000
School District: Capistrano Unified
Pool Private Y N: No
Property Attached Yes/No: No
Room Type: Kitchen, Living Room
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Trust
View: Neighborhood, Ocean
Water Source: Public
Year Built Source: Assessor
Welcome to your coastal paradise! This stunning triplex boasts an abundance of natural light and a recent remodel that seamlessly blends modern finishes with the peace & relaxation that comes with coastal living. Nestled just a block away
from the beach and San Clemente Pier, you'll enjoy beautiful ocean views from the upstairs balcony of the 2 bedroom unit. With its prime location, this property offers convenience and luxury, making it the perfect retreat for those seeking the ultimate beachside lifestyle. Don't miss out on this opportunity to experience coastal living at its finest! There are 2 - 1 bedroom, 1 bath units downstairs and 1 - 2 bedroom, 1 bath unit upstairs. 3 - private 1 car garages in the back.
Courtesy of CENTURY 21 Affiliated Information is deemed reliable but not guaranteed.
Chris Taylor Keller Williams Luxury International
Chris Taylor
240 Avenida Lobeiro
$1,900,000 6 Beds 4.00 Baths
CLOSED 3/5/24
Details
Prop Type: Triplex
County: Orange
Area: SW - San Clemente
Southwest Subdivision: Other (OTHR)
Features
Association Y N: No
Community Features: Sidewalks, Street Lights
Contract Status Change
Date: 2024-03-05T00:00:00
Cooling: None
Elevation Units: Feet
Heating: Central
Remarks
2,431.0 Sq. Ft. ($782 / sqft)
Year Built 1962 Days on market: 3
Full baths: 4.0
Acres: 0.14
Lot Size (sqft): 6,098
List date: 1/4/24
Sold date: 3/5/24
Off-market date: 1/19/24
Updated: Mar 5, 2024 11:56 PM
List Price: $1,600,000
Orig list price: $1,600,000
School District: Capistrano Unified
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Cash, Cash To New Loan, Conventional
Lot Features: 0-1 Unit/Acre
Main Level Bedrooms: 6
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: Yes
Room Type: See Remarks
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard View: Ocean
Water Source: Public Year Built Source: Estimated
Welcome to the loop in southwest San Clemente with walking access to Calafia State Beach, the San Clemente Beach Trail, and many great local beaches and surf breaks. This mid-century triplex has great ocean views overlooking the park
and is made up of a 3 bedroom 2 bath front unit, 1 bedroom 1 bath middle unit, and a 2 bedroom 1 bath rear unit. Currently, two out of the three units are occupied on a month-to-month lease term and one of the units is vacant. All interior photos are of the vacant rear unit.
Courtesy of CENTURY 21 Affiliated Information is deemed reliable but not guaranteed.
Chris Taylor
216 Avenida Lobeiro
$2,045,000 6 Beds 3.00 Baths
CLOSED 7/3/24
Details
Prop Type: Triplex
County: Orange
Area: SW - San Clemente
Southwest Subdivision: Other (OTHR)
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Sidewalks, Street Lights
Contract Status Change
Date: 2024-07-03T00:00:00
Cooling: None
Elevation Units: Feet
Heating: Forced Air
Remarks
2,515.0 Sq. Ft. ($813 / sqft)
Year Built 1960 Days on market: 13
Full baths: 3.0
Acres: 0.09
Lot Size (sqft): 3,920
Garages: 3
List date: 6/6/24
Sold date: 7/3/24
Off-market date: 6/19/24
Updated: Jul 4, 2024 12:21 AM
List Price: $1,999,999
Orig list price: $1,999,999
School District: Capistrano Unified
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Cash, Cash To New Loan
Lot Features: Back Yard
Main Level Bedrooms: 2
Parking Total: 6
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: No
Room Type: Family Room, Kitchen, Laundry
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: None
Special Listing Conditions: Standard View: None
Water Source: Public
Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1
Year Built Source: Estimated
Located on the desirable "loop" in the heart of Southwest San Clemente, this turn key triplex is sure to impress! All three
units are 2 bedrooms, 1 bathroom and feature spacious living rooms and kitchens. Two units are upstairs, one unit is downstairs along with the shared laundry room and three single car garages for each unit. The upstairs back unit has a beautiful back deck with an ocean view. The downstairs unit offers a private backyard with turf and a patio. Walk to the beach and beach trail in a few minutes and easily access downtown shops and restaurants by bike, golf cart, car, or a nice walk.
Courtesy of CENTURY 21 Affiliated Information is deemed reliable but not guaranteed.
Chris Taylor
315 Avenida Santa Barbara
$2,500,000 8 Beds 8.00 Baths 4,095.0 Sq. Ft. ($611 / sqft)
CLOSED 8/14/24
Details
Prop Type: Quadruplex
County: Orange
Area: SC - San Clemente
Central
Subdivision: Other (OTHR)
Full baths: 6.0
Features
Association Y N: No
Attached Garage Y/N: Y
Community Features: Curbs, Sidewalks
Contract Status Change
Date: 2024-08-14T00:00:00
Cooling: None
Elevation Units: Feet
Heating: Central
Half baths: 2.0
Acres: 0.12
Lot Size (sqft): 5,227
Garages: 4
List date: 6/6/24
Year Built 1972 Days on market: 21
Sold date: 8/14/24
Off-market date: 7/18/24
Updated: Aug 16, 2024 1:58 AM
List Price: $2,495,000
Orig list price: $2,495,000
School District: Capistrano Unified
Interior Features: Ceiling Fan(s)
Land Fee/Land Lease: Fee
Levels: Two
Listing Terms: Cash, Cash To New Loan
Lot Features: Back Yard
Main Level Bedrooms: 8
Parking Total: 8
Pool Features: None
Pool Private Y N: No
Property Attached Yes/No: Yes
Room Type: Family Room, Kitchen, Laundry
Senior Community Yes/No: No
Sewer: Public Sewer
Special Listing Conditions: Standard View: Peek-A-Boo
Water Source: Public
Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1
Year Built Source: Estimated
Remarks
Incredible opportunity to own a fourplex just a few streets from downtown San Clemente and walking distance to the SC pier, beach, beach trail and more! This fourplex features two 2 bedroom, 2 bathroom units and two 2 bedroom, 1.5 bathroom units. All units include a one car garage and a space in front of the garage. The units are spacious and in good condition. Each unit has some sort of outdoor living space and 2 units have peek a boo ocean views. The laundry is shared. This is your chance to add a wonderful property to your portfolio in the heart of San Clemente!
Courtesy of CENTURY 21 Affiliated Information is deemed reliable but not guaranteed.
Chris Taylor
$2,500,000
WHAT DO I THINK?
Based on current market conditions, comparable homes in the neighborhood, and what I believe your home could sell for with the implementation of a high-end marketing strategy, my Current Value Assessment for your home would be:
$2.45M - $2.55M
To get a more accurate assessment of property value, a physical inspection would be required.
National Association of REALTORS (NAR)
California Association of REALTORS (CAR)
Orange County Association of REALTORS (OCAR)
Luxury Home Sales Designated
Contingency Sale Specialist
Certified New Home Co-Broker
Certified Divorce Real Estate Expert
Top 1.5% of Individual REALTORS in the nation
Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs
Meet Chris…
A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County with much of his youth surfing breaks like Trestles and T-Street in San Clemente. He has spent his life in Southern California from Huntington Beach to Palm Springs and just about everywhere in between. His lifelong experience in the region has given him unparalleled knowledge about its cities, communities, and neighborhoods from the coast to the desert, providing an invaluable advantage for his clientele.
Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.
Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver and a menagerie of two dogs and three cats. He is also a Real Estate commentator with frequent appearances on Fox 11 News, Good Day L.A., and Inside Edition.
Meet the Team
Tracie Albert
Operations Director
DRE# 01432850
With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Residential Real Estate’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.
Brenda Listana Administration
With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.
Anthony Zervas Lead Agent
DRE# 02047324
Valerie Alicajic
Marketing Director
Anthony Zervas views architecture with a genuine passion that he is eager to share with buyers who are seeking a home that ideally suits and even exceeds their personal and financial goals. With a broad spectrum of experience, know-how, determination, and dedication, Anthony has rapidly built a following of clients who appreciate his down-toearth approach and unyielding commitment to unparalleled service. An avid traveler and snowboarder, Anthony is a genuine family man and spends much of his free time with his wife, Mel, and their daughter, Avie. He is also an award-winning chef with experience with high-end restaurants, five-diamond hotels, and as a personal with celebrity clienteles.
Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.
Brooke Fetzer
Property Designer
DRE# 01432850
Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.
